A weekend gap is the difference between Friday's close and Sunday's open. Gaps occur when news happens over the weekend, and they can range from a few pips to a hundred or more.
Common behaviour after gaps:
- Small gaps (under 20 pips on majors) often fill during the Asia session.
- Large gaps driven by significant news may not fill for days.
- Gaps against the prevailing trend fill more often than gaps with it.
Monday rules worth having:
1. Check gap size and cause before London opens.
2. If the gap is small and unfilled by 07:00 UK, watch for a fill attempt in the first hour.
3. If the gap is large and news-driven, don't fade it. Trade in the direction of the gap on pullbacks.
4. Reduce position size by 25–50% on Mondays with large gaps.
5. Don't place pending orders over the weekend near Friday's close; gaps can trigger them at poor prices.
Gaps are also a reminder of why scalpers stay flat over weekends.
Do you have specific gap rules, or do you treat Monday like any other day?
Special rules for Monday opens after weekend gaps
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FXS London Scalper
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Special rules for Monday opens after weekend gaps
FXS Official Team | London Session Desk